MATIC price is stabilizing after more than three months of a steady downtrend from a peak of $2.92. This move provides swing traders and long-term holders an opportunity to accumulate the token at a discount before the trend reverses and the altcoin embarks on a massive and exponential uptrend. MATIC price in the calm beforeContinue reading “MATIC’s price long-term play could yield capital-doubling gains”

At the time of this analysis, Shiba Inu’s price was showing massive strength amid market-wide weakness. It could likely trigger a massive run-up if certain hurdles are flipped. Adding credence to this outlook are the on-chain metrics that indicate a higher probability of gains in the coming weeks. Shiba Inu price ignores the noise ShibaContinue reading “SHIB kick-starts its 80% upswing journey; should traders take profit now”

If it wasn’t for Elon Musk, the crypto community wouldn’t have known Dogecoin very closely. The meme coin has witnessed its youthful days in the past. However, of late it has been losing its appeal to its investors. It is here to be noted that Elon Musk seems to be losing his luster over theContinue reading “Is the Dogecoin-Musk correlation losing its shine to better opportunities”

You bought ADA when it was at its all-time high and you are listening to the Hungarian suicide song at this point in time, you might be right doing that. They say, too much high hope is a way to create too many disappointments. And, ADA holders have been feeling that very closely. But, what’sContinue reading “Cardano: When will the ‘gloomy Sunday’ of ADA holders end”

One can wonder if rags to riches could be MATIC’s story. The token which barely had a value of $0.09887 in February 2021 reached an all-time high (ATH) of $2.92 in December 2021. At press time, however, it was changing wallets at $1.45, down by 4.59% over the last day. With that, a section ofContinue reading “Polygon: Should you or shouldn’t you hold MATIC in a bear market”

Bitcoin price might have crashed on 6 March and the short-term outlook could appear bearish, but the long-term outlook remains bullish as ever. There are three significant on-chain metrics that paint an uber optimistic scenario for BTC in the upcoming bull run. Extreme bullishness for Bitcoin price Perhaps the most widely used and equally significantContinue reading “Bitcoin: Three reasons why you should not be bearish in 2022”

Ethereum price has breached above the symmetrical triangle and is comfortably hovering above a stable support area with no signs of weakness. Despite the recent flash crash, the downside risk for ETH also seems to be capped due to a plethora of footholds. So, investors should not give up the smart contract token hitting significantContinue reading “Ethereum’s tale of increasing volume and decreasing price; here’s what it implies”

Zilliqa price shows signs of recuperating from its losses as it approaches a stable support area. This retracement comes as the Bitcoin price crashes below a significant foothold to collect liquidity. Fortunately for ZIL, this pullback has pushed it into an area where buyers are willing to step in. Another massive uptrend? Zilliqa’s price ralliedContinue reading “ZIL [Zilliqa] bulls need to overcome this level to reach its ATH”

Bitcoin’s price entered a correction zone after peaking above $48,000 towards the end of March. This was an inevitable pullback considering its strong price action from around 22 March which temporarily pushed it below $45,000. BTC has since enjoyed some recovery and traded at $46,630 on 5 April, after a 0.82% rally in the pastContinue reading “Bitcoin: Reasons why BTC is holding strong above $45,000”

RUNE’s price has formed a top reversal pattern on the 2-day chart and it further hints at a massive correction. If investors continue to book profit or Bitcoin takes a U-turn, there is a good chance Thorchain will trigger a downtrend. A bearish outlook for RUNE price RUNE price has rallied 286% in the lastContinue reading “RUNE could be due for a heavy retracement thanks to this top reversal setup”

Bitcoin price has been consolidating above $44,500 for quite some time. Even the 1 April downtick failed to move below this support level, further strengthening the bullish outlook. Regardless, BTC has failed to show volatility and has not moved higher for the last week or so. But two on-chain metrics suggest that the big cryptoContinue reading “Bitcoin will hit $50k by the end of this week; do metrics affirm that narrative?”

LUNA’s price shows an interesting setup after the recent Bitcoin-induced pullback on 31 March. The price action developed over the course of last month suggests that a massive run-up is around the corner. An explosive rally awaits LUNA  LUNA’s price has set up three higher highs and three higher lows since 28 February. Connecting theseContinue reading “LUNA: Why $150 should not come as a surprise to traders”